Lodging Capital and its partner, New York-based Mount Kellett Capital Management L.P., own the building at 140 E. Walton Place, but lease the land underneath it from a trust tied to local investor . Prior to joining ACON in 2021, Mr. Hurley was an Analyst at UBS Investment Bank, where he worked on leveraged finance transactions across a variety of industries. Mount Kellett Capital Management | Hedgeweek Visionary Keynote Insights: Jack Dangermond, Founder and President of Esri, will deliver a keynote presentation reviewing recent applications of GIS and remote sensing and how they can help address the complex challenges the world is facing. Jose Miguel Knoell is a Managing Partner at ACON Investments. Mr. Ginns has also previously served on the Board of Directors of several public companies including Mariner Energy (NYSE:ME) and Northern Tier Energy (NYSE:NTI), each realized ACON fund portfolio companies and Optimal Group (NASDAQ:OPMR) In addition, Mr. Ginns served on the Board of Directors of ACON S2 Acquisition, a strategic sustainability-focused special purpose acquisition company that was publicly traded (NASDAQ: STWOU) prior to completing a business combination with ESS Inc. (NYSE: GWH). Prior to commencing to consult for ACON and with ACON portfolio companies, he was a Principal at Investcorp where he was responsible for developing and implementing operational improvement, cost reduction and revenue enhancement programs for portfolio companies. investment professionals who possess deep knowledge of special Fortress Investment Group/Mount Kellett Capital Management Chapter 11 Bankruptcy Cases PETITION New Chapter 11 Filing - EB Holdings II Inc. (Eco-Bat) May 19, 2017 in Chapter11 EB Holdings II Inc. 5/18/17 Recap: When you fail to repay nearly 1.8 billion Euro on a (PIK) note, you risk getting yo' a$$ involuntaried into bankruptcy court. Mr. Nardone has been a member of the Management Committee of Fortress since 1998. Prior to joining Fortress in June 2010, Mr. Runt served for seven years at Fannie Mae, most recently as Managing Director of Communications, Investor Relations. Mount Kellett Capital Management - Crunchbase Previously, Mr. Ginns was a Management Consultant at Booz Allen Hamilton. New Media Investment Group Inc. completed acquisition of Gannett Co. Last year, members of a committee of investors, which represents 77% of the 1.8 billion PIK loan, were funds affiliated with each of Alcentra Ltd., Fortress Investment Group/Mount Kellett Capital Management, GoldenTree Asset Management LP, HIG Capital International Advisors LLP/Bayside Capital, Sound Point Capital Management LP, and Varde . Mount Kellett managed about $7.5 billion in regulatory. Alejandro Hanono W. is an Executive Partner at ACON. Prior to joining Santander, Ms. Mnguez was an Associate at Valor Advisors LLC, a family office serving ultra-high net worth clients across Latin America. Co-Founder, Principal and Co-Chief Executive Officer, Co-Chief Investment Officer & Managing Partner, Credit Funds, Chief Investment Officer, Global Real Estate, Fortress Transportation and Infrastructure Investors completed spin-off of FTAI Infrastructure, Priced IPO for Fortress Value Acquisition Corp. III in January, Priced IPO for Fortress Capital Acquisition Corp. in January, Priced IPO for Fortress Value Acquisition Corp. IV in March, Launched Fortress Credit Opportunities Fund V Expansion, Mosaic Acquisition Corp. completed merger with Vivint Smart Home (NYSE: VVNT) in January, Priced IPO for Fortress Value Acquisition Corp. in April, Priced IPO for Fortress Value Acquisition Corp. II in August, Fortress Value Acquisition Corp. completed merger with MP Materials (NYSE: MP) in November. in Economics from the University of Maryland, College Park. Bradley Walker - Managing D.. - Mavik Capital Management | ZoomInfo Ms. Rodriguez earned her Bachelors in Accounting from Zhongnan University of Economics and Law in China and her M.B.A. from The George Washington University. Mr. Kriger joined the firm in 2017. Ms. The Foundation was funded with a portion of the proceeds from the sale of Carulla Vivero, a prior ACON fund portfolio company. Companys Quarterly Report on Form 10-Q, which is, or will be, available Team - ACON Investments By downloading this Report, you acknowledge that we may share your information with our white paper partners/sponsors who may contact you directly with information on their products and services. EB Holdings II 1.8B PIK to Be Converted Into Equity in - Reorg For more information regarding Fortress Managers: Samuel Feinstein, William Joyce, Robert Kaslow-Ramos, George F. Knight III, Geoffrey Manna, Craig Rogerson, Marvin Schlanger, Lee Stewart Financial Advisor: AlixPartners LLP Investment Banker: Moelis & Company LLC (Zul Jamal) Claims Agent: Omni Management Group (*click on the link above for free docket access) Other Parties in Interest: Prior to joining Fortress in June 2002, Ms. Cowen was at the Baupost Group, where she was involved in the acquisition of public and private distressed debt and equity securities, as well as non-performing loan portfolios. Route cause analysis. Prior to co-founding ACON in 1996, Mr. Ginns was a Senior Investment Officer at the GEF Funds group. in Industrial Engineering with a Masters degree in Economics from Universidad Anahuac and an M.B.A. from the Harvard Business School. Prior joining ACON in 2021, Ms. Aguilar worked as a Regulatory Analyst at Talos Energy and as a Health, Safety, Social & Environment (HSSE) Manager at Citla Energy, each a private equity owned company in the oil industry in Mexico. Prior to that, Mr. Vaish was an Analyst at Raymond James, where he worked on mergers and acquisitions transactions within the Consumer and Retail industries. Financial terms of the transaction were not The firm has reached a deal in principle with Fortress Investment Group LLC for Fortress funds to invest $200 million in Mount Kelletts funds and become a co-manager of them, Mr. McGoldrick and Fortress principal Peter Briger said Friday. Naval/Maritime History - 3rd of March - Today in Naval History - Naval He is a licensed Certified Public Accountant in the District of Columbia and the Commonwealth of Virginia. Fortress has considerable capital markets expertise, and has expertise in securing low-cost, low-risk financing for its investments by accessing the debt and equity capital markets. Funds. Prior to that, he spent seven years at The Riverside Company (Europe) where he was a Partner responsible for investment activity in Spain, Portugal and Italy, in addition to managing four portfolio companies (and exiting two of them). Fortresss leadership is committed to maintaining strong corporate governance policies and practices. Fortress Investment Group LLC (NYSE:FIG) is a leading, diversified While at Espiga, the firm invested in 13 platform companies and realized six exits Mr. Llado served on the board of five of these companies. in Economics, Management and Public Policy from Rice University and an M.B.A. from The Anderson School at UCLA. support of a global operational platform and the combined asset Mr. Semmler serves on the Board of Directors of Alsur, Contenur and Formacin Alcal, each ACON Southern Europe portfolio companies. Prior to joining ACON in 2014, Mr. Galvo spent two years with 3i Group, the international private equity fund manager, most recently as a Partner, based in So Paulo. Our experience in corporate mergers and acquisitions enables us to work with corporate boards of directors, management and various stakeholders in order to determine optimal structuring and execution of an investment. The developers behind the long-stalled Flushing Commons project are about to sign off on about $300 million in debt and equity financing for phase one of the massive mixed-use Queens complex.. Previously, Ms. Kulkarni served on the board of Igloo Products, a former ACON portfolio company. Mr. Semmler speaks Spanish, English and German fluently, and speaks French conversationally. Brett Weidemeyer is an Associate at ACON Investments. Mr. Marn earned a B.A. and certain other approvals and the execution of definitive agreements. ACON's team of investment professionals has years of investing, operating, strategy consulting and financial advisory experience. The former honors student went from living in a luxury penthouse with other executives at FTX to becoming the latest member of the crypto exchanges inner circle to plead guilty to fraud. Mr. Llado serves on the Board of Directors of Alsur, Contenur, Formacin Alcal and Germaine de Capuccini, each ACON Southern Europe portfolio companies. A&P agreed to sell about 120 of its 296 stores for about $600 million to Acme Markets Inc, owner of Safeway and Albertsons grocery stores, Stop. Edens still oversees private equity, which represents $12.7 billion of assets. Prior to joining ACON in 2013, Ms. Bernstein worked at Perseus, a Washington, DC-based middle-market private equity firm, where she was also Chief Legal Officer and Chief Compliance Officer. contained in any forward-looking statements. Mr. Corcuera holds a B.A. Mr. Briger is Co-Chief Executive Officer of Fortress and has been a member of the board of directors of Fortress since November 2006. disciplined investment acumen, a deep understanding of our strategies Meet Nick Weber: From Working Out Of Starbucks To A $3.3B Portfolio In Mr. Scielzo began his career at McKinsey. Fortress Investment Group and Mount Kellett Capital form strategic Prior to joining New Mountain, Mr. Porter was a Principal of Bayside Capital, the credit and special situations platform of H.I.G. While at Altra, among other responsibilities, Mr. Polo actively participated in the acquisition of a leading port and logistics service provider in Colombia and monitored a multinational business process outsourcing company on behalf of Altra. Ankit Vaish is a Principal at ACON Investments. Mr. Dakolias serves on the Board of Trustees for Columbia University, the American School of Classical Studies at Athens, and the Millbrook School. Previously, she was a Program Coordinator at the U.S. Department of Homeland Security (DHS) Science & Technology Directorate (S&T) Office of University Programs (OUP), where she handled deliverables monitoring and grant and regulatory compliance for multi-year projects. Fortress's expertise extends to pricing, owning, financing and overseeing the management of physical and financial assets ranging from real estate and capital assets to financial assets secured by diversified long-term cash flows. Prior to joining Fortress in February 2005, Mr. McKnight worked at Fir Tree Partners where he was responsible for analyzing and trading high yield and convertible bonds, bank debt, derivatives and equities for the value-based hedge fund. in Finance from the University of Maryland, College Park. The Company can give no assurance that the expectations JBK Capital Profile and History. Mount Kellett Capital Management is a private equity firm founded in 2008 which primarily focuses on distressed, special situations and opportunistic investing. Fortress Investment Group and Mount Kellett Capital to Form Strategic any change in the Companys expectations with regard thereto or any Teresa Y. Bernstein is the Chief Operating Officer, General Counsel and Chief Compliance Officer of ACON Investments. Mount Kellett Capital Management is based out of New York. Mr. Brotman serves as a member of the Board of Directors of the following ACON fund portfolio companies: Atlantic Sustainable Catch, Bargain Hunt, Beauty by Imagination, Diverzify+, Fleetwash, Funko, New Era, Novipax, ProEnergy, SUZOHAPP and True Value. Ltd. (ITAT Mumbai) Conclusion: Since the director was not a shareholder when bonus was paid to him and also the bonus was not paid out of the earlier years' accumulated profits, therefore, deduction of bonus paid to director was allowable under 36(1)(ii). please visit www.fortress.com. Jason Maynard - Partner - Mount Kellett Capital | LinkedIn Mr. Knoell started his professional career as an Analyst in the mergers and acquisitions group of S.G. Warburg in Madrid, Spain. Industry Knowledge Operations Management Corporate Mergers and Acquisitions Capital Markets Assets Under Management: Mount Prior to joining Fortress, Mr. Prior to joining ACON in 2005, he was an Associate with Constellation Commodities Group where he was responsible for origination, structuring, evaluation and negotiation of the firms principal investments. in Physics from Columbia University. from Princeton University in Political Science. All Right Reserved, We are proud to have approximately 67% of our, employee base comprised of individuals who identify as members of an ethnic minority or as female. Fortress to acquire Mount Kellett - PERE Mr. Briger serves on the Board of Trustees of Princeton University, is the Chairman of the U.S. Soccer Investment Committee and is a member of the Council on Foreign Relations. Previously, Mr. Harbour was a Managing Director at Fortress Investment Group, which he joined as part of a strategic transaction with Mount Kellett Capital Management LP. 561 Broadway Ste 10C, New York, New York, 10012, United States. Diana Isunza is an Administrative Director at ACON Investments. Mr. Delgado received a B.S., summa cum laude, in Business Administration and Management Information Systems from the University of Nebraska, and an M.B.A. from the University of Chicago Booth School of Business. Mount Kellett is a multi-strategy private investment firm focused on global value, special situations and opportunistic investing across asset classes and industries, including real estate. Fortress has deep knowledge of the industries in which it invests. Mr. Bawa has also held investment banking and principal investing positions with Houlihan Lokey Howard & Zukin, Enron Capital & Trade Resources and Banc of America Securities. Launched the Fortress Credit Opportunities Fund, Fortresss Initial Public Offering on the NYSE, Eurocastle Investment Limiteds Initial Public Offering on the LSE (currently listed on the Euronext Amsterdam), Launched the Drawbridge Special Opportunities Fund and the Drawbridge Global Macro Fund, Newcastle Investment Corp.s Initial Public Offering on the NYSE, Launched Fortress Brookdale Investment Fund, Copyright 2023 Fortress Investment Group LLC. Accordingly, you should not KEVIN NAUGHTON Obituary (2022) - New York, NY - New York Times Mr. Dakolias also serves on Fortresss Management and Operating Committees. Personal Finance. in Accounting and Finance and a Master of Finance with a concentration in Asset Management from the Robert H. Smith School of Business at the University of Maryland, College Park. in Accounting from The University of Texas at Arlington. Mr. Bawa serves on the Board of Directors of the following ACON fund portfolio companies: Diverzify+, Fleetwash, Pine Environmental Services, ProEnergy, Sequitur Energy Resources and True Value. Mr. Runt received an A.B. Grocery store chain A&P files for bankruptcy again - Yahoo! every factor that may cause its actual results to differ from those expressly disclaims any obligation to release publicly any updates or The partnership between Flushing-based TDC Development and Construction Corporation, AECOM Capital, the Rockefeller Group and Mount Kellett Capital Management is getting ready to close a roughly $225 . Fernando Tena is an Associate at ACON Investments. in Economics from the Wharton School at the University of Pennsylvania and a J.D. Such a sale could bring in money that would help stave off default at the network operator. Prior to joining ACON in 2022, Mr. Tena was an analyst at Nexxus Capital in the Private Debt division based in Mexico City, where he participated in different transactions across various sectors, including financial services, information technology, telecommunication and real estate. both companies have a decades-long history of working together. Pulley was head of the private equity division in Japan at Credit Suisse where he managed the successful Asian Investment program of DLJ Real Estate Capital Partners (RECP). in International Business from the University of Colorado Boulder, a Master in Finance from IE Business School and has completed the General Management Program (PDG) for directors and senior managers at IESE Business School. Ms. Jolly serves on the Board of Directors of Beauty by Imagination and BioMatrix, each ACON fund portfolio companies. Mount Kellett Capital Management LP ("Mount Kellett") is a multi-strategy investment firm focused on global distressed, special situations and opportunistic investing. Prior to joining ACON Southern Europe Advisory, Mr. Marin was an Investment Manager at SWC. Schulte Roth & Zabel LLP - Stuart D. Freedman Whalewisdom has at least 32 13F filings, 34 13D filings, and 21 13G filings. Korah Whitley is a Fund Accountant at ACON Investments. Under the merger, Fortress will reportedly invest $200 million in Mount Kellett's existing . Mr. Bass also is a member of the Board of Trustees of the Florida State University Foundation. Prior to that, Mr. Machado was an Associate with FM&Co., a cross border M&A advisory boutique in New York. in Industrial Engineering with a minor in Business Law from Universidad de los Andes in Bogot, Colombia. Ms. Bernstein joined Perseus in 2006 as Vice President for Legal Affairs. She is a licensed Certified Public Accountant in the State of Maryland and the Commonwealth of Virginia. She is a licensed Certified Public Accountant in the Commonwealth of Virginia. Mr. Kriger has also held financial analyst positions for Brentwood Capital and First Boston. Mr. Smith joined Fortress in May 1998, prior to which he worked at UBS and, before that, at BlackRock Financial Management Inc. from 1996 to 1998. Mount Kellett is a multi-strategy private investment firm focused on global value, special situations and opportunistic investing across asset classes and industries, including real estate. Following his tenure, he was awarded the Distinguished Service Medal, the State Departments highest honor. and M.S. In 2020, Ms. Huang rejoined ACON as Assistant Controller and was promoted to Controller in 2022. diversified global investment management firm, and Mount Kellett Capital Mr. Furstein started his career in Goldmans Financial Institutions Group, where he focused on M&A transactions and corporate finance. We are very pleased to be The firm has over 100 employees with offices in New York, Hong Kong, London, and Mumbai. Pack is a Managing Partner of the Credit Funds Business. There, Ms. Bernstein focused on private equity fund formation, private equity investments and M&A. Prior to joining ACON in 2021, Mr. Mariani was an Equity Research Associate at Bank of America Merrill Lynch where he covered publicly listed Latin American companies across the healthcare, education and transportation sectors. Mr. Adams received a B.S. Mr. Dickens received a B.S. place undue reliance on any forward-looking statements contained in this Last chance for up to $40 off TurboTax, In-App Exclusive: 33% Off | adidas Promo Code, 60% off running shoes and apparel at Nike without a promo code. In his previous role, Roger oversaw global real estate asset management for Mount Kellett Capital Management LP. in Economics from Johns Hopkins University. Previously Mr. Kriger served on the board of RMH Franchise Investments, an ACON fund portfolio company. In addition, Mr. Briger serves on the board of several charitable organizations, including the UCSF Foundation and Tipping Point. Launched Fortress Real Estate Opportunities Fund II, Fortress Transportation and Infrastructure Investors LLCs Initial Public Offering on the NYSE, Agreed to co-manage Mount Kellett investment funds and related accounts, Launched Liquid Markets Affiliated Manager Platform, Newcastle Investment Corp. completed spin-off of New Media Investment Group, Newcastle Investment Corp. completed spin-off of New Senior Investment Group. Mr. Smith received a B.B.A. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.
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